Bitcoin Tethering Analysis

Has Bitcoin ever been tethered? ️

Players in the currency circle must be cautious and let us pay attention to the trend on Monday‼ ️

There is a paper that uses an algorithm to analyze the trend of Bitcoin from 2008 to 2022.

Disclosure analyzed two key findings,

One: The author claims in the article that TEDA is actually a manipulator of Bitcoin prices, and has significantly raised the price of Bitcoin by spam-issuing USDT.

The specific performance is as follows: whenever the price of Bitcoin drops, or falls to a key price, TEDA will issue additional USDT, driving the price of Bitcoin to rise significantly.

Second: The article points out that TEDA has always claimed that USDT has sufficient 1:1 US dollar reserves, which is false. This is also in line with the New York Governor’s lawsuit against TEDA and its related entities.

Recently, Tether issued another 2 billion USDT. Does it also hint that BTC is about to usher in a surge mode?

Everyone is welcome to come and discuss. #热门话题 #BTC‬ $BTC $ETH

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